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Showing 161 - 170 of 2464 results for "Monetary"

Global economy 'remarkably resilient', faces growth challenges: IMF

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... resilience" stemming from a strong demand for services and "tangible progress" in combatting inflation, International Monetary Fund (IMF) managing director Kristalina Georgieva said. In a speech in Abidjan, Ivory Coast, Georgieva expressed optimism for ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential rate hikes in the future. ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... outlook in light of the incoming economic and financial data, the dynamics of underlying inflation, and the strength of monetary policy transmission." It's a decision that GSFM investment strategist Stephen Miller agrees on. "Certainly, economic ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... years to return to four fixed points. "The importance of strong credible frameworks for economic policy, the benefits of monetary and fiscal policy coordination, the necessity of lifting productivity growth, and the need to pay attention to developments ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... "It's pleasing to see the recent impact assessment of ARC funded research measure more than just the direct economic or monetary benefits. When analysing the cost and benefits of support programs, there is a tendency to limit the economic impact to more ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates for the third consecutive month was to buy more time and further assess ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy is finally working but warned the nation not to get too comfortable with its latest decision. The soaring ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... Starting from early last year, the Federal Open Market Committee (FOMC) has maintained a firm approach towards tightening monetary policy, making the latest hike the 11th out of the 12 meetings held. "We have covered a lot of ground, and the full effects ...